Question
The NEP commits to raise the public expenditure on
education to the recommended level of _______ of GDP.Solution
The policy commits to raise the public expenditure on education to the recommended level of 6% of GDP. Â
A company’s current ratio is 1.5:1 and current liabilities are ₹4,00,000. What are its current assets?
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?Â
A firm has total assets of ₹200 lakhs, intangible assets worth ₹50 lakhs, current assets worth ₹60 lakhs, current liabilities of ₹40 lakhs, and ...
A firm reports the following: Sales = ₹40,00,000; Cost of Goods Sold = ₹28,00,000; Inventory = ₹7,00,000. What is the Inventory Turnover Ratio?
The sale of an old vehicle for ₹2,00,000 (book value ₹2,50,000) will be reported in the cash flow statement as:
A company has current assets ₹6,00,000, inventory ₹2,50,000, prepaid expenses ₹50,000, and current liabilities ₹3,00,000. Calculate the quick ra...
A firm reports the following data over two years:
Assuming no ...COGS is ₹30 lakh and average inventory is ₹5 lakh. What is inventory turnover ratio?
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
Use Direct method to calculate the net cash from operations of the company given the following transactions?Â
Sales in the year: ₹6,50,000Â
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